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Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279 Exercise 10
The table gives some information about the U.S. international transactions.
a. Calculate the balance on the three balance of payments accounts.
b. Was the United States a net borrower or a net lender Explain your answer.
a. Calculate the balance on the three balance of payments accounts.
b. Was the United States a net borrower or a net lender Explain your answer.
Explanation
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a)
Current Account is composed of export...
Macroeconomics 12th Edition by Michael Parkin
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